Bookkeeping

Abbreviating one million dollars is done using the above abbreviations. Generally, the abbreviation with two M’s is preferred in finance. In this example, we intentionally chose a piece of analysis that contained various different units, such as dollars and shares. When an analyst must present various different types of units,…

However, there are official abbreviations out there that you might come across, and it would help to know about them. We’ll explain the correct abbreviation for “million” in this article. Your sentences come from this report from Kleiner Perkins Caufield & Byers, who is a financial firm, so it is…